eToro

Status
RegulationNFA, CySEC, ASIC, CFTC, MiFID, FCA
Trading softwareeToro webTrader, etoro Openbook, eToro Mobile Trader
HeadquarteredeToro (Europe) Ltd. 7 Omirou St., 2nd Floor 3095 Limassol, Cyprus

eToro is one of the largest currency trading companies operating currently on global financial markets. forex etoro was established in 2007, its headquarters are located in Limassol, Cyprus and broker etoro is a Cyprus licensed and registered investment company. forex broker etoro operation and services are regulated by the Cyprus Securities and Exchange Commission.

Broker etoro offers its customers trading at eToro WebTrader trading platform with real trading accounts starting from as low as $50. The maximum leverage at forex broker etoro reaches as high as 400:1. The broker offers auto copying services as a part of so called social trading community. This feature allows even an inexperienced trader to commit profitable trades. Social trading within the etoro forex community network allows each trader to view, follow and automatically copy the trading orders of professional traders. Currently broker etoro clientele counts more than a million and a half traders from more than one hundred countries worldwide. Besides real accounts forex broker etoro offers demo accounts to those who want to test and review the company’s products without risking their funds. At the same time thousands real of trading accounts are opened with the broker on a daily basis.

EToro offers its customers trading most major currency pairs, some exotic currency pairs, futures, precious metals, oil, binary options and many other trading assets. The broker’s client support works on the round-o-clock basis and is very responsive and helpful. During the nine years of operation the company has received a range of prestigious awards from major financial media resources.

On the broker’s profile page on this site you can find etoro reviews posted by the company’s clients as well as you can leave reviews of your personal trading with the broker.

eToro trading information

WWWhttp://www.etoro.com/
AddresseToro (Europe) Ltd. 7 Omirou St., 2nd Floor 3095 Limassol, Cyprus
HeadquartersLimassol
Free phone+61-1800-778-583
24 hour support
Partnership programs
Trust management
Free education
Bonuses, Promotions
Sponsorship contests, competitions
Mobile trading
Automated trading
Daily analysis
Demo account
24 hour trading
Accepts US traders
Digits after the dot in quotes4
Minimum position size0.1
Pip spread on majors2
Spread Typefixed
Maximum Leverage400:1
ECN, $
Standard account, $50
Mini account, $50
Popular payment methodsCredit Cards, PayPal, Wire Transfer, Bitcoin
Account currenciesEUR, USD, GBP, JPY, CHF
Available assetsBitcoin
LanguagesEnglish, French, Spanish, German, Russian, Italian, Chinese, Arabic, Turkish, Portuguese, Japanese, Polish, Greek, Dutch, Swedish, Finnish
PlatformseToro webTrader, etoro Openbook, eToro Mobile Trader
Broker type
RegulationNFA, CySEC, ASIC, CFTC, MiFID, FCA
Foundation2007
Copy Trading Brokers
Bitcoin Forex Brokers

AvaTrade

Status
RegulationMiFiD, CBI, FSA, ASIC, SFB, BVI
Trading softwareAvatrader, MetaTrader 4, Mirror Trader
HeadquarteredDublin Exchange Facility, International Financial Services Centre (IFSC), Dublin 1, Ireland

AvaTrade is an award-winning online broker offering Contracts for Difference (CFDs) on Commodities, Stocks, Indices, Cryptocurrencies and more. The company is regulated by 6 regulators across 5 continents with a global clientele in over 150 countries. AvaTrade maintains a highly reputable service by adhering to strict regulations, and transparent policies – all in the clients’ best interests.

Traders benefit from both fixed and floating spreads, easy deposit methods, 24/5 multilingual customer support, 250+ instruments, immediate execution of positions, and access to live liquidity through a wide range of platforms. In addition, AvaTrade offers impressive features like commission free trading, 24/7 trading on cryptocurrencies and VIP spreads.

AvaTrade innovative technologies are designed to help traders access the markets at any time by providing real-time market information on a variety of instruments. The platforms offered are: MT4, AvaOptions, ZuluTrade, for desktop and the AvaTradeGO and MT4 for mobile trading.

AvaTrade’s Demo account allows beginners to learn how to trade and enable advanced traders to test their strategies in a risk-free environment.

Traders can also enjoy exclusive access to video tutorials, eBooks, economic indicators and the Sharp Trader academy, that can help them polish their trading strategies and abilities. Traders can also register for webinars hosted by AvaTrade’s professionals, which cover all important aspects of trading.

AvaTrade is among the top Forex brokers in the world with offices in Dublin, Milan,  Paris, Tokyo, Sydney, Beijing and other locations. AvaTrade is regulated by the Central Bank of Ireland and licensed by MiFID in the European Union. It is also regulated by ASIC in Australia, the Financial Services Commission (FSC) in Japan, the South African Financial Services Board  as well as by the B.V.I Financial Services Commission in the British Virgin Islands. These regulations provide complete peace of mind for traders.

AvaTrade’s modern website and advanced platforms give traders an excellent opportunity to achieve their potential in the financial markets. 

AvaTrade trading information

WWWhttp://www.avatrade.com/
AddressDublin Exchange Facility, International Financial Services Centre (IFSC), Dublin 1, Ireland
HeadquartersDublin
Free phone1-888-541-3720
24 hour support
Partnership programs
Trust management
Expert advisors
Free education
Bonuses, Promotions
Mobile trading
Automated trading
Demo account
24 hour trading
Scalping
Hedging
PAMM
Digits after the dot in quotes5
Minimum position size0.01
Pip spread on majorsfrom 1.9 pips (fixed) and 0.7 (floating)
Spread Typefixed, variable
Maximum Leverage400
ECN, $
STP, $
Standard account, $100
Mini account, $100
Popular payment methodsCredit Cards, PayPal, MoneyBookers, NETELLER, Wire Transfer, Bitcoin
Account currenciesEUR, USD, GBP, AUD, CHF, JPY, CAD
Available assetsforex, cryptocurrencies, stocks, commodities, indices + 250 more
LanguagesEnglish, French, Italian, German, Portuguese, Russian, Turkish, Japanese, Chinese, Spanish, Arabic, Greek
PlatformsAvatrader, MetaTrader 4, Mirror Trader
Broker type
RegulationMiFiD, CBI, FSA, ASIC, SFB, BVI, FSCL
Foundation2006

Alfa-Forex

Status
RegulationCySEC
Trading softwareMetaTrader 4/5, ZuluTrade
Headquartered3 Themistoklis Dervis, Julia House, 4th Floor, 1066, Nicosia, Cyprus

Alfa-Forex is a major global broker focused on clients from the CIS and European Union. Our mission is to provide our customers fast and convenient access to financial markets. We are a reliable partner and provide our private and institutional counterparties with a wide range of financial instruments and reliable IT solutions. The interests of our clients are protected by the European standards adopted by our local regulator CySEC (The Cyprus Securities and Exchange Commission). We are continuously developing new products and improving our existing financial product offerring that allow you to trade with maximum comfort and efficiency.

Alfa-Forex trading information

WWWhttps://alfaforex.com/en/
Address3 Themistoklis Dervis, Julia House, 4th Floor, 1066, Nicosia, Cyprus
HeadquartersNicosia, Cyprus
Free phone+357 22 470 969
Partnership programs
Mobile trading
Automated trading
Daily analysis
Demo account
Swaps
24 hour trading
Hedging
Digits after the dot in quotes5
Minimum position size0.01
Pip spread on majors0.1-2
Spread Typevariable
Maximum Leverage200
ECN, $1
STP, $
Standard account, $1
Mini account, $1
Popular payment methodsCredit Cards, Bank transfer
Account currenciesEUR, USD, RUR
Available assetsManagers’ investment accounts, Exchange currency at the market rate: EUR, USD, RUR, GBP, CHF, JPY
LanguagesEnglish, Russian, Czech, Polski
PlatformsMetaTrader 4/5, ZuluTrade, mobile applications for iOS, Android
Broker typeBank, ECN, STP, NDD
RegulationCySEC
Foundation1996

FxGlory

Status
RegulationIFSA
Trading softwareMetaTrader4 desktop/mobile, WebTrader
HeadquarteredFxglory Ltd, Suite 305, Griffith Corporate Centre , P.O. Box 1510, Beachmont Kingstown , St. Vincent and the Grenadines

FxGlory brokerage is the only brokerage in the world which presents the leverage of 1:3000 for the small amount of deposit. Though, we do not charge our clients for this service. The spread offered by the broker ranges from 2 to 10. Also, the trades of our clients are automatically connected to a bank. To name some of our precious advantages we can say the fast execution of the trades and the minimum spread on trades. Moreover, Periodically, Our Company considers a huge budget for giving bonus to those clients who deposit in their accounts. Another precious advantage of our company is having no minimum amount for depositing and withdrawing.

This opportunity helps the client to test our services with even a small amount of money. Also, our broker takes no taxes on the profit of its clients. Also, considering that we accept most kinds of electronic money, our company has got a special welcome by the American clients. About our bonus, we should say that this bonus on depositing money will help the margin and therefore decrease the risk of trading for the clients. This bonus is provided from our gigantic and unlimited advertising budget. Furthermore, we have some especial conditions like decreasing the spread and account managing by our professional money managers for those clients who deposit more than 100,000$ in their account.

In 2011, Fxglory was established in the Department of Economic Development of the U.A.E. After one year experience in Asia, Fxglory opened its new branches in some europe countries. In order to expand our services, we decided to open new branches in other countries. Recently we established our new office in Saint Vincent and the Grenadines with registration number of 23463.

FxGlory for Professionals


Although the capital of the clients will be kept and registered in separate trading accounts, broker FxGlory is allowed to use the total amounts of the capital. Thus, the financial managers of the company will use some part of the capital in different economic activities, also in improving and developing the brokerage itself in scientific and methodical ways. Therefore, the company will give the clients an amount of gained profit from its economic activities according to its statistics and reports. This amount of profit is variable from 2% to 18% in a year. We believe that the most important point for every professional trader is the security of the brokerage from different aspects of trading. In the following, we present some rules of our brokerage regarding the security of our clients:

A client should withdraw fund by the same account from which he/she has deposited the initial fund. If a client changes his/her account, the company will use different methods, like contacting via telephone, to confirm the identity of the client. All the clients are allowed to use EAs (Expert Advisors) on their trading accounts. They can use an EA after transforming their profitable strategy to a profitable EA. One of the most important points about EA, on which all the professional traders are agreed, is that transforming profitable strategies to EAs is a very important and useful way to prevent the losses that are caused by the personal feelings of a trader. As an advantage for professional traders, we provide free VPS (99.9% up time) for those traders who like to use EAs.


Those who are eager to use our free VPS should

  • Open an account in order to use the EAs.
  • Have a minimum capital of $1000 in their trading accounts

FxGlory trading information

WWWhttps://fxglory.com/
AddressFxglory Ltd, Suite 305, Griffith Corporate Centre , P.O. Box 1510, Beachmont Kingstown , St. Vincent and the Grenadines
HeadquartersDubai
Free phone+(44) 744 190 6300
24 hour support
Partnership programs
Expert advisors
Free education
Bonuses, Promotions
Sponsorship contests, competitions
1st deposit bonus
Trading by phone
Mobile trading
Automated trading
Daily analysis
Demo account
24 hour trading
Accepts US traders
Scalping
Hedging
Digits after the dot in quotes4
Minimum position size0.01
Pip spread on majors2
Spread TypeFixed
Maximum Leverage3000
ECN, $
STP, $
Standard account, $1
Mini account, $1
Popular payment methodsPayPal, Credit Cards, Skrill, OKPAY,Payza, Neteller, WebMoney, LiqPay,WIQI, SOFORT, GiroPay,Przelewy24 , Wire transfer, Cryptocurrencies
Account currenciesUSD
Available assets
LanguagesEnglish
PlatformsMetaTrader4 desktop/mobile, WebTrader
Broker typeBroker
RegulationIFSA
Foundation2011

FBS

Status
RegulationIFSC, CySEC
Trading softwareMetaTrader 4/5, MetaTrader Mobile, Online FBS MT4/5 WebTrader, MultiTerminal
HeadquarteredNo.1 Orchid Garden Street, Belmopan, Belize, C.A

FBS is a reliable Forex broker trusted by millions of traders around the world. The company has been in business since 2009 and now is present in over 190 countries. FBS  is regulated be IFSC, CySEC. Besides currency pairs FBS offers trading Gold, Silver, Platinum, Palladium, BRN, DAX30 and WTI on MetaTrader 4/5, MetaTrader Mobile, Online FBS MT4/5 WebTrader, MultiTerminal platforms.

Working with FBS is easy, convenient and profitable with exclusive terms to meet the interest of any trader.

Multiple international prizes and awards are another confirmation of company’s reliability. Once an FBS client – forever an FBS client. Deposits and withdrawals via various payment systems as Visa/Mastercard, Сardpay, Neteller, Skrill, Perfect Money, Fasapay; and other local payment methods.

FBS trading information

WWWhttp://www.fbs.com/
AddressNo.1 Orchid Garden Street, Belmopan, Belize, C.A
HeadquartersBelize
Free phoneCallback, live chat
24 hour support
Partnership programs
Expert advisors
Free education
Bonuses, Promotions
Sponsorship contests, competitions
1st deposit bonus
Mobile trading
Automated trading
Daily analysis
Demo account
Swaps
24 hour trading
Hedging
Digits after the dot in quotes5
Minimum position size0.01
Pip spread on majors1.1
Spread Typefixed, variable
Maximum Leverage3000
ECN, $1000
STP, $
Standard account, $100
Mini account, $1
Popular payment methodsVisa/Mastercard, Wire Transfer, Neteller, Skrill, WebMoney, Perfect Money, OKPay, Fasapay
Account currenciesEUR, USD, THB
Available assetsGold, Silver, Platinum, Palladium, BRN, DAX30, WTI
LanguagesEnglish, Indonesian, Malay, Chinese, Japanese, Korean, Arabic, Urdu, Spanish, Portuguese, Vietnamese, Thai, Turkish, German, Italian, French, Burmese
PlatformsMetaTrader 4/5, MetaTrader Mobile, Online FBS MT4/5 WebTrader, MultiTerminal
Broker typeBroker
RegulationIFSC, CySEC
Foundation2009
Copy Trading Brokers

FP Markets

Status
RegulationASIC, CySEC
Trading softwareMT4, MT5, WebTrader, Iress
HeadquarteredLevel 5, Exchange House 10 Bridge St Sydney NSW 2000 Australia

Regulated by ASIC and CySEC, FP Markets is an Australian global CFD and Forex provider established in 2005. The company’s vision was to create a one-stop destination where traders could access a full suite of trading products. The convenience of being able to trade CFDs across equities, Forex, indices, commodities, futures and cryptocurrencies on the most advanced platforms, including MetaTrader 4 and MetaTrader 5 from one account is one of the key reasons traders choose FP Markets.

What sets the company apart from its competitors is their deep understanding of what traders need. FP Markets has learnt that the combination of pricing, execution speed, platforms, product range, client support and market analysis are the key ingredients that offer clients the confidence they require to trust and trade with a broker. The company’s outstanding 24/5 multilingual service has led to it having the most satisfied clients 5 years running and being awarded with ‘The Highest Overall Client Satisfaction Award,’ Investment Trends 2016 Australia CFD Report.

FP Markets combines state of the art technology with ECN pricing and a huge product offering to create a genuine destination for all types of traders.

It provides some of the most advanced platforms for all levels of trader, including MetaTrader 4 and MetaTrader 5, which can be accessible through WebTrader and mobile apps, as well as Iress, all of which can be accessed through WebTrader, as well as apps for iOS and Android.

FP Markets ensures that it offers a customer-centric experience for all its traders; with assistance throughout their trading journey, be it through education or consistent expert support.

FP Markets offers 5 of the most traded cryptocurrencies: Bitcoin, Ethereum, Ripple, Bitcoin Cash and Litecoin

FP Markets trading information

WWWhttps://www.fpmarkets.com/
AddressLevel 5, Exchange House 10 Bridge St Sydney NSW 2000 Australia
HeadquartersSydney
Free phone+ 61 2 8252 6800
24 hour support
Partnership programs
Mobile trading
Demo account
Swaps
24 hour trading
Hedging
Digits after the dot in quotes5
Minimum position size0.01
Pip spread on majors0.0-2
Spread Typevariable
Maximum Leverage500
ECN, $100
STP, $
Standard account, $100
Mini account, $100
Popular payment methodsPay Pal, Bank Wire, Credit Card, Debit Card, Skrill, Neteller, BPAY, China UnionPay, Klarna, South American Payment Method (Directa24)
Account currenciesUSD, AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD
Available assetsIress DMA Equities 10,000+
LanguagesEnglish, Spanish, Italian, Portuguese, German, French, Russian, Arabic, Vietnamese, Chinese, Malay, Indonesia, Latvian, Greek, Philippino, Korean, Polish, Thai
PlatformsMT4, MT5, WebTrader, Iress
Broker typeECN, STP
RegulationASIC, CySEC
Foundation2005

XM

Status
RegulationASIC, CySEC, IFSC
Trading softwareMetaTrader4/5, XM Webtrader
Headquartered12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus

XM Group (XM) is a group of regulated online brokers. Trading Point of Financial Instruments Ltd was established in 2009 and it is regulated by the Cyprus Securities and Exchange Commission (CySEC 120/10), Trading Point of Financial Instruments Pty Ltd was established in 2015 and it is regulated by the Australian Securities and Investments Commission (ASIC 443670) and XM Global Limited was established in 2017 and is regulated by the International Financial Services Commission (000261/106). Our clients benefit from direct access to the financial markets in over 300 financial instruments. This broker has more than 1000 financial instruments which can be traded on the MT4/MT5 platforms and this includes Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs and Energies CFDs with transparent real-time pricing, lowest spreads, and flexible leverage.

We value business efficiency – this is why we regard speed and fairness as crucial.


Pros

  • up to 888:1 Leverage. *This leverage is not available to all the entities of XM Group. Leverage depends on the financial instrument traded.
  • 8 Platforms, including MetaTrader4/5 and webtrader
  • Deposit Bonus up to 5 000 USD. *Clients registered under the EU regulated entity of the Group are not eligible for the bonus
  • Webinars
  • Tutorials
  • Account Funding 100% automatic
  • IB partner program with tailor made solutions for every partner
  • Minimum deposit is only $5
  • Tight forex spreads
  • Currency converter available on official site
  • Comfortable and safe trading

Broker review


Strong selling points of XM focus on its NO Requotes, No Rejection Policy as well as its tight spreads which combined with its No Minimum Deposit Policy attract medium size traders which seek for an MT4/5 broker with clean trading conditions with NO high minimum deposit limitations.

Account Types

 MicroStandardXM Zero
Base Currency OptionsUSD, EUR, GBP, JPY,CHF, AUD, HUF, PLN, RUB, SGD, ZARUSD, EUR, GBP, JPY,CHF, AUD, HUF, PLN, RUB, SGD, ZARUSD, EUR, GBP, JPY,CHF, AUD, HUF, PLN, RUB, SGD,ZAR
Contract size (lot)1,000100,000100,000
Minimum Initial DepositUSD 5USD 5USD 100
Maximum Initial depositUSD 100,000USD 100,000USD 100,000
LeverageFlexibleFlexibleFlexible
Spread on all majorsAs low as 1 pipAs low as 1 pipAs low as 0 pip
CommissionNoNoYes
Lots restriction per ticket100 lots50 lots50 lots
Hedging allowedYesYesYes
Islamic AccountOptionalOptionalOptional
Figures should be considered as a guideline – Tailor made solutions can be arranged to accommodate for each client’s needs. If the deposit currency is not USD, the indicated amount should be converted to the deposit currency.

XM broker offers its customers fractional pip pricing. This means that instead of quoting prices with four(4) digits, XM allows you to benefit from the smallest price movements by adding a fifth digit (fraction). Fractional pip pricing allows for tighter spreads and the most accurate quoting possible. This pricing is the result of our efforts to get the best prices from our multiple liquidity providers.


Regulation of XM

  • Trading Point of Financial Instruments Pty Ltd is authorized and regulated by ASIC (AFSL no. 443760).
  • The full information can be found here: http://www.xm.com/regulation
  • Trading Point of Financial Instruments Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC 120/10)
  • Trading Point of Financial Instruments Pty Ltd is regulated by the Australian Securities and Investments Commission (ASIC 443670
  • XM Global Limited was established in 2017 and is regulated by the International Financial Services Commission (000261/106) 

Spreads


Though XM is not no spread forex broker, the spreads are tight and are in the fair range of the industry. From default spreads are set to variable with EUR/USD set to an average of 1.9 pips.

XM trading information

WWWhttps://www.xm.com/
Address12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus
HeadquartersLimassol
Free phone+357 25029900
24 hour support
Partnership programs
Expert advisors
Free education
Bonuses, Promotions
Sponsorship contests, competitions
1st deposit bonus
Mobile trading
Automated trading
Demo account
Swaps
24 hour trading
Scalping
Hedging
Digits after the dot in quotes5
Minimum position size0.01
Pip spread on majors1-1.9
Spread Typevariable
Maximum Leverage888
ECN, $
STP, $
Standard account, $5
Mini account, $5
Popular payment methodsMultiple Local Payment Methods Available
Account currenciesEUR, USD, GBP, JPY, CHF, HUF, PLN, RUB, SGD, ZAR
Available assetsForex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs and Energies CFDs
Languagessupport in 29 languages: Arabic, Chinese, English, French, German, Greek, Indonesian, Italian, Japanese, Korean, Portuguese, Russian, Spanish, Turkish, Hungarian, Polish, Swedish, Malay, Thai, Vietnamese
PlatformsMetatrader4/5, XM Webtrader
Broker typeBroker
RegulationASIC, CySEC, IFSC
Foundation2009

HotForex

Status
RegulationCySEC, FSC, FSB, FCA, BaFin, DFSA
Trading softwareHotForex MT4/MT5, HotForex PAMM System
HeadquarteredHF Markets Ltd C/o SAFYR UTILIS LTD 7th Floor, Tower 1 NeXTeracom Cybercity Ebene 72201 Mauritius

HotForex is an award winning forex and commodities broker, providing trading services and facilities to both retail and institutional clients established in 2010. HotForex has a range of licences: CySEC, FSC, FSB, FCA, BaFin and DFSA. HotForex’s products are Forex and Spot Metals, CFDs on Commodities, Indices, Oil and Shares, cryptocurrencies, bonds available for trading on HotForex MT4/MT5 and HotForex PAMM System.

Through its policy of providing the best possible trading conditions to its clients and allowing both scalpers and traders using expert advisors unrestricted access to its liquidity, HotForex has positioned itself as the forex broker of choice for traders worldwide.

Earning your trust


Operating under the brand name “HF Markets Group”, HotForex is authorized and regulated by the Cyprus Securities and Exchange Commission (CySec). The Company holds a Cyprus Investment Firm license with number 183/12 and also has a Category 1 Global Business License issued by the Financial Services Commission (FSC) of the Republic of Mauritius.

What we provide


HotForex broker offers various account types, trading software and tools to facilitate individuals and institutional customers to trade Forex and Commodities online, including a demo account, trading on webtrader and different types of demo contest*. We offer trading on HotForex MT4, HotForex MT5* and the HotForex PAMM System which are the company’s customized versions of the world’s most popular trading platform.

In addition, original MT4 and MT5* download is available on the MT4 and MT5 server. All Retail, Affiliates and White Label clients have the opportunity to access interbank spreads and liquidity via state of the art automated trading platforms.

HotForex provides an unparalleled variety of account options that clients can select to enjoy a tailored trading experience that perfectly suits their needs. Coupled with superior trading conditions and lightning fast execution, HotForex provides all the tools and services needed for clients of any level to realize their trading ambitions.

Pushing the boundaries


With many years of active trading experience across multiple platforms and markets, the progressive and dynamic HotForex management team recognized that traditional web based forex brokers would be placed under increasing pressure due to their delays in executing trades, frequent system failures and poor overall customer service. As a result, HotForex aims to lead the way forward through the usage of cutting edge technology, innovative forex systems solutions, low cost commissions and unrivalled customer service.

By your side at every step


HotForex clients are of paramount importance, which is why everything we do is always with the goal of improving their overall trading experience. Our dedication to clients stems from our belief in offering a level of personal customer service that is second to none. The HotForex customer support team is comprised of industry professionals who are available around the clock 24/5 to help clients with anything they may need from initial registration to the withdrawal of trading profits.

Not just a mission, it’s a promise


Our Mission is to be the most reliable broker in the industry in terms of the services we offer. What does reliable mean? To be consistently good in quality of performance and able to be trusted.

Values


Our values are the way we consistently achieve our mission. At HotForex we value getting results, honesty, teamwork, building exceptional products and services and most of all putting clients and partners first by offering them the best services possible.

High quality services offered by HF Markets LTD Mauritius and reliable FSC & CySEC regulation keep the company far apart from some scam dealing centers operating currently on the market. HotForex broker ratings and HotForex reviews show that the company is highly popular among traders worldwide.

To leave your personal HotForex review please visit the company’s profile page on on this site where you can also read broker reviews by other traders. But always remember that a forex broker review may not be objective enough before making any decisions.


* Certain products & services may or may not be available to all clients depending on which HF Group entity their trading account(s) adheres to.

HotForex trading information

WWWhttp://www.hotforex.com/
AddressHF Markets Ltd C/o SAFYR UTILIS LTD 7th Floor, Tower 1 NeXTeracom Cybercity Ebene 72201 Mauritius
HeadquartersMauritius
Free phone+44-2033185978
24 hour support
Partnership programs
Expert advisors
Free education
Bonuses, Promotions
Sponsorship contests, competitions
1st deposit bonus
Trading by phone
Mobile trading
Automated trading
Daily analysis
Demo account
Swaps
24 hour trading
Scalping
Hedging
PAMM
Digits after the dot in quotes5
Minimum position size0.01
Pip spread on majors0-1.2
Spread Typefixed & variable
Maximum Leverage1000
ECN, $
STP, $
Standard account, $5
Mini account, $5
Popular payment methodsBank Wire Transfer, Credit Cards, WebMoney, Skrill, Moneybookers, Neteller, cashU, fasapay, bitcoin
Account currenciesEUR, USD, PLN
Available assetsForex and Spot Metals, CFDs on Commodities, Indices, Oil and Shares, cryptocurrencies, bonds
LanguagesRussian, English, Spanish, Bangladesh, Vietnamese, Korean, Greek, Chinese Traditional, Chinese Simplified, Italian, German, Polish, Portuguese, Malay, Thai, Bulgarian, Slovak, Czech, Farsi, French, Romanian, Arabic, Indonesian, Hungarian, Filipino.
PlatformsMT4, MT5, Mobile Trading, iPhone, iPad, Android, WebTrader, FIX/API
Broker typeBroker
RegulationCySEC, FSC, FSB, FCA, BaFin, DFSA
Foundation2010
Copy Trading Brokers
Bitcoin Forex Brokers

OctaFX

Status
RegulationFCA UK
Trading softwareMetatrader 4/5, MT4/5 Mobile for Android/iPhone, cTrader, cTrader WEB, cAlgo
Headquartered2 Devonshire Square, London, England, EC2M 4UJ

Is OctaFX scam or legit? OctaFX is a trusted global broker that offers a user-friendly platform, and a wide selection of tradable instruments. OctaFX acts in full compliance with international legislation and regulation standards and guarantees fund security and negative balance protection to their clients.

The five OctaFX benefits


This is why we rank OctaFX as the best Forex broker. 

  • Security. They provide you with a prosperous environment by utilizing the tightest spreads in the industry, providing top market conditions and fixed-rated exchange rates (in some cases). OctaFX also offers negative balance protection, the industry’s lowest minimum deposit, no slippage or delays, no swaps, maximum leverage of 1:500, and does not make commission from deposits or withdrawals.
  • Convenience. OctaFX grants local deposit and withdrawal options. Their customer support speaks your language, so it should come as no surprise that they work with local banks and transfer services that enable you to make deposits and withdrawals seamlessly.
  • Peace of Mind. Take comfort in knowing that OctaFX has won many awards from several Forex focused publishers, including an accolade naming them the top broker in Asia. 
  • Profit potential. OctaFX offers some of the most famous and most lucrative contests. Whether it’s for IBs, traders, or demo users, people have been winning huge prizes, like brand new cars, just by trading. There are even weekly random drawings for scooters. They provide a standard 50% deposit bonus, which sometimes climbs to 100% during special events or holidays.
  • Rewards. OctaFX has two unique programs. A free status program, which unlocks a bevy of benefit like even lower spreads, faster withdrawals, and invitations to VIP events. Additionally, you’re awarded incredible gifts just by trading, like MacBooks, and all for free.

This OctaFX Forex broker review is meant to help guide those unsure of how to navigate the murky Forex waters. Should you focus on who has the best Forex app or which broker offers the best copy trade platform? When searching for a Forex broker that is right for you, you need to consider several factors, like: Are they trustworthy and reliable, what are their fees, how is their platform, do they offer mobile trading, how is their customer service, do they have copy trading services. In this case, we will examine OctaFX. Is OctaFX a scam? No, absolutely not. 

OctaFX has been in the market for years, servicing clients worldwide, but mainly those residing in Asia. They’re embedded deep within the fabric of society in countries they work with through charitable initiatives. There is not a single Forex broker that can claim to be more reliable or trustworthy than OctaFX.

OctaFX has taken home over 35 awards! Most notably, OctaFX was named the Best Forex Broker in Asia (2020), meaning that they are the best Forex broker in India, Malaysia, Indonesia, Pakistan, and elsewhere! To top it off, the best Forex app belongs to OctaFX as well, claiming that award back in 2018 when European CEO Magazine bestowed upon them that honor. These awards not only signify their respectability, but they denote an opportunity for potential clients to seek refuge with OctaFX and earn more.

Regulation


OctaFX is a global broker, who acts in full compliance with international legislation and regulation standards and guarantees fund security and negative balance protection to their clients.

Octa Markets Cyprus Ltd, a part of OctaFX, is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license â„–372/18. Octa Markets Cyprus Ltd complies with European Securities and Market Authority’s (ESMA) regulatory standards as well as with Market in Financial Instruments Directive (MiFID II).

OctaFX Mobile App


A mobile version is available via the app store, free of charge. In 2019, Europe CEO Magazine awarded OctaFX for the Best Mobile Trading App.

The app can used the same way as on desktop. You can modify your leverage, track your contest statistics, make money transfers, activate bonuses, and more. The user interface made the experience fun and easy to maneuver. The app supports nine languages in total. 

Education


Whether you live in India, Indonesia or Pakistan, rest assured that OctaFX has you covered with daily expert trading advice along with educational insight. 

OctaFX regularly holds webinars which are beneficial for those new to Forex trading and are determined to make a career out of it. While learning on your own is admirable, OctaFX works with big names in the industry and connects with their base through different mediums.

Copy trading


Several platforms offer services allowing newbies to copy professional traders. OctaFX’s program works in a similar way. In fact, according to Forex-Awards OctaFX is the ‘Best Copy Trading Platform 2020’. What makes OctaFX’s copy trading platform rise above the rest is the care they put into it.

Of course you can sort through thousands of Master Traders through the category that appeals to you most and read what they have to say about their trading strategies, but OctaFX goes a step further. They have in-house experts that closely monitor Master Trader’s and make sure they’re not engaging in risky trading behavior or misleading copiers.

Customer Service


OctaFX has first-class customer service, something other brokers could boast about. A representative is available to you 24/7 and they speak your language. When you consider how many countries OctaFX services, then it becomes even more impressive. Peace of mind may be the most underrated benefit, yet when you need an issue resolved, regardless of the time, OctaFX is there.

OctaFX Commissions & Spreads


OctaFX offers ultra tight spreads. The quotes at OctaFX are quoted at up to 5 decimal places and start from as low as zero pips for their ECN accounts. There are no commission charges applicable for trades with OctaFX.

Instrument Spreads (in pips)

  • EUR/USD Minimum 0.4 pips
  • GBP/USD Minimum 0.5 pips
  • AUD/USD Minimum 0.6 pips
  • USD/CHF Minimum 0.4 pips
  • EUR/JPY Minimum 0.6 pips
  • GBP/JPY Minimum 0.7 pips
  • NZD/USD Minimum 0.6 pips

OctaFX trading information

WWWhttps://www.octafx.com/
Address2 Devonshire Square, London, England, EC2M 4UJ
HeadquartersLondon
Free phone+17844574224
24 hour support
Partnership programs
Expert advisors
Free education
Bonuses, Promotions
Sponsorship contests, competitions
1st deposit bonus
Mobile trading
Automated trading
Demo account
Swaps
24 hour trading
Scalping
Hedging
Digits after the dot in quotes5
Minimum position size0.01
Pip spread on majors0.3-0.7
Spread Typefloating
Maximum Leverage500
ECN, $50
STP, $
Standard account, $50
Mini account, $5
Popular payment methodsCredit Cards, Wire Transfer, Skrill, FasaPay, Neteller, Local banks
Account currenciesEUR, USD
Available assetsGold, Silver, Crypto, Indices
LanguagesEnglish, Indonesian, Chinese, Portuguese, Spanish, Bahasa Malaysia, Hindi, Bengali, Urdu, Vietnamese, German
PlatformsMetatrader 4/5, MT4/5 Mobile for Android/iPhone, cTrader, cTrader WEB, cAlgo
Broker typeBroker
RegulationFCA UK
Foundation2011
Copy Trading Brokers
Bitcoin Forex Brokers

FIBO Group

Status
RegulationFSC, CySEC, FCA
Trading softwareMetaTrader 4/5, cTrader
HeadquarteredWipplingerstrasse 34 (office 37), 1010 Vienna, Austria

Fibo group forex broker is a part of the international financial and investment holding FIBO Group (Financial Intermarket Brokerage Online Group). FIBO Group has FSC, CySEC and  FCA licences. The first company of the Fibogroup holding was established almost twenty years ago in far 1998. FIBO Group offers Forex, Spot Metals, CFDs and Bitcoin for trading on MetaTrader 4/5 and cTrader platforms.

On contemporary financial markets fibo group broker is one of the largest and oldest players in online marginal trading services and products. From the very beginning of Fibo group operation the broker’s team has always been adhering to the principles of highly transparent conditions and services, to protect the interests of clients and full compliance of observance applicable industry requirement and recommendations of national regulators.

Fibo group forex clients, both private and institutional, can be assured that all products, offered by any of the subsidiary within the forex trading group, meet the highest industry standards and are under the regulation of national reputable financial authorities.

Fibo group provides forex cfd trading with advantages trading conditions. The team of Fibo group review continuously the needs of each trader in order to improve the services offered. Therefore, Fibo forex trading is always effective and profitable. Such tools as currency calculator and daily market reviews are intended to help a trader to gather all the market data necessary for trading. Fibo group reviews found on various thematic forums prove that the broker is in much demand in the international currency traders community.

FIBO Group trading information

WWWhttp://www.fibogroup.com
AddressWipplingerstrasse 34 (office 37), 1010 Vienna, Austria
HeadquartersVienna, Austria
Free phone+43 ( 1) 26 75 644, +43 ( 1) 346 99 99 009
24 hour support
Partnership programs
Trust management
Expert advisors
Free education
Bonuses, Promotions
Mobile trading
Automated trading
Demo account
24 hour trading
Scalping
Hedging
PAMM
Digits after the dot in quotes5
Minimum position size0.01, 1
Pip spread on majors
Spread Typevariable, fixed
Maximum Leverage1000
ECN, $50
STP, $
Standard account, $50
Mini account, $0
Popular payment methodsCredit Cards, Bafoo, UnionPay, Fasapay, WebMoney, Wire Transfer, Neteller, QIWI Wallet, Skrill (Moneybookers), WesternUnion, OKPay, DIXIPAY, Bitcoin
Account currenciesEUR, USD, GBP, CHF, RUB, BTC, Gold, ETH
Available assetsFOREX, Spot Metals, CFDs, Bitcoin
LanguagesEnglish, Chinese, Farsi, Russian, Spanish, German, Arabic, Vietnamese, Malaysian
PlatformsMetaTrader 4/5, cTrader
Broker typeBroker
RegulationFSC, CySEC, FCA
Foundation1998
Copy Trading Brokers
Bitcoin Forex Brokers